Items Tagged with 'Senate tax bill'

ARTICLES

  • Massive tax reform plan moves one step closer to full Senate vote

    Senate Budget Committee approves bill
    The Senate version of the Republicans’ tax plan, the Tax Cuts and Jobs Act, moved one step closer to becoming a reality on Tuesday when the Senate Budget Committee approved the bill. Of interest to those who operate in the housing industry, the Senate version of the tax reform bill will keep the current mortgage interest deduction cap at $1 million.
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  • Senate Finance Committee just passed its own, major tax overhaul

    Sets date for full Senate vote
    After a week of marking up its tax reform plan, the Senate Finance Committee passed the bill, sending it to the full Senate to vote on. The bill will keep the current mortgage interest deduction cap at $1 million, however has drawn fire from the housing industry for doubling the standard deduction.
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